Jet, once India's largest private airline, stopped all flights on April 17 after its lenders, led by State Bank of India, declined to extend more funds to keep the carrier going
Etihad acquired its share in Jet Privilege Private (JPPL) nearly six years ago in compliance with all regulatory requirements.
Offer unlikely to be considered now
The downfall of Jet Airways has produced at least one long-term winner, one short-term gainer and a few fence sitters
Two senior finance ministry officials say debt-laden Jet Airways may soon face bankruptcy.
Three of the four qualified bidders - Etihad Airways, TPG Capital and Indigo Partners - have not signed non-disclosure agreements which is necessary for conducting due diligence, the paper said.
The grounding of Jet has come as an opportunity for the market to hire a readily-available skilled workforce from the licensed categories
The associations have promised that employees would contribute towards revival of the airline from their future earnings and increased productivity
It was the first suicide of an employee since the airline suspended operations
Pioneers don't want others to follow in their wake
Jet's slots at various airports have already been distributed to other domestic airlines for three months
SpiceJet stands the best chance of getting new slots in Mumbai, Delhi
The full service carrier temporarily suspended operations on April 17 as it ran out of cash after lenders decided against extending any emergency funds
Jason Unsworth is the founder and CEO of Atmosphere Intercontinental Airlines.
The move follows tighter Sebi norms introduced last year; existing unexpired contracts till June will be available for trading
They praised lenders, led by SBI, for their mature and pragmatic handling of the Jet case, especially for not yielding to pressure to extend a rescue loan
The slots allocated to Jet Airways are its properties and the airline is yet to close, said the union
All-India Bank Employees Association praises SBI-led lenders for deft handling of Jet case
Zaidi, the former Chief Election Commissioner and ex- civil aviation secretary, joined the Jet Airways board in August last year
While lenders are "reasonably hopeful" of a successful bidding process, sources said banks are working on a plan B in case things don't progress as expected.